Commercial Press

Commercial Press (simplified Chinese: 商务印书馆; traditional Chinese: 商務印書館; pinyin: Shāngwù Yìnshūguǎn) is the first modern publishing organisation in China.

History

In 1897, 26-year-old Xia Ruifang and three of his friends founded The Commercial Press in Shanghai. The group soon received financial backing and began publishing books. In 1914, Xia attempted to buy out a Japanese company that had invested in the Commercial Press. Four days later he was assassinated. There was much speculation as to who was behind the assassination; no one was ever arrested for the crime.

Commercial Press was bombed by the Imperial Japanese Army during the January 28 Incident. The bombing destroyed its headquarters in Zhabei, Shanghai, as well as the attached East Library and its collection of tens of thousands of rare books.

At the turn of the century Commercial Press became a major publisher of textbooks. Today it is headquartered in Beijing and continues as an active publishing house of Chinese language learning materials including dictionaries, textbooks, pedagogical texts, and a cultural magazine called The World of Chinese. 1